Company Name | Afcons Infrastructure Limited |
Open Date | 25-10-2024 |
Close Date | 29-10-2024 |
Exchange | BSE, NSE |
Lot Size | 32 Shares |
Issue Price | ₹440 to ₹463 per share |
Issue Size | 11,72,78,618 shares |
Application Amount | ₹ 14,816 – ₹ 1,92,608 (32 to 416 shares) |
Recommendation | Apply |
The company originally began their operations as a civil construction company in 1959 was originally formed and incorporated as “Rodio Foundation Engineering Limited and Hazarat & Company” in Mumbai, Maharashtra. Subsequently, the name was changed to Afcons Infrastructure Limited and was incorporated on Aug 14, 1996. The company is engaged in infrastructure, engineering and construction of marine and industrial, surface transport, urban infrastructure, hydro and underground and oil and gas. The company had 3,972 permanent employees and 26,920 contract labourers as of June 30, 2024.
KPI’s | FY 22 | FY 23 | FY 24 |
Revenue | 11,018.9 | 12,637.4 | 13,267.5 |
EBITDA | 936.07 | 1,310.61 | 1,365.02 |
Net Profit | 357.61 | 410.86 | 449.74 |
RoCE | 10.10% | 13.87% | 13.70% |
ROE | 13.19% | 12.94% | 12.51% |
P/E | 44.14 | 38.39 | 35.08 |
Opening Date | 25/10/2024 |
Closing Date | 29-10-2024 |
Basis of Allotment | 30-10-2024 |
Initiation of Refunds | 31-10-2024 |
Credit of Shares to Demat | 31-10-2024 |
Listing Date | 04-11-2024 |
Capital expenditure towards purchase of construction equipment |
Funding long term working capital requirements |
Repayment/prepayment, in full or part, of certain borrowings availed by the Company |
General Corporate Purposes |
Registered Office | Afcons Infrastructure Limited Afcons House, 16 Shah Industrial Estate, Veera Desai Road Andheri (West), Mumbai- 400053 |
Phone | 022 67191214 |
gaurang@afcons.com | |
Website | https://www.afcons.com/en |
Afcons Infrastructure IPO DRHP |
Afcons Infrastructure IPO RHP |
Name | Link Intime India Private Limited |
Phone | +91-22-4918 6270 |
afconsinfrastructure.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/initial_offer/public-issues.html |
Anchor Investor Shares Offered | 3,50,21,597 (36.35%) |
QIB Shares Offered | 23,47,733 (2.44%) |
Retail Shares Offered | 4,08,58,531 (42.41%) |
NII (HNI) Shares Offered | 1,75,10,799 (18.18%) |
Employee Shares Offered | 5,96,659 (0.62%) |
Share Holding Pre Issue (Promoters) | 99.00% |
Share Holding Post Issue (Promoters) | 67.18% |